NOT LISTED FOR SALE

1105 E Jefferson St Bloomington, IL 61701

Estimated Value: $326,000 - $369,000

8 Beds
4 Baths
-- Sq Ft
0.32 Acres

Last Sold March 04, 2022

Last sale price $285,000

Est. 24% increase in value since last sale

Current estimated payment $2,377/month

5 Days on Market

Highlights

  • Multiple Garages
  • 4 Car Detached Garage
  • Heating System Uses Steam
  • Victorian Architecture
  • Porch

About This Home

As of March 2022

Beautiful true built 4-unit in the lovely Davis Addition. Each unit has 2 bedrooms and 1 full bathroom with nice sized living rooms and bedrooms. Front of the building has beautiful covered porch and common entry lobby. Back of the building offers enclosed back porch for each unit. There are two, two car garages on the property as well and space for each tenant to park on the driveway since there are two driveways. Full basement is dry and offers storage lockers for each tenant and shared laundry facilities. Newer windows and some newer hot water heaters. Hot water boiler system for heat. Tenants all pay their own electrical and gas. What a fantastic property!

Last Agent to Sell the Property

Tracy Haas Riley

BHHS Central Illinois, REALTORS License #471003669 Listed on: 01/25/2022

BHHS Central Illinois, REALTORS

Co-Listed By

Kristen Oliver

BHHS Central Illinois, REALTORS License #475131047

Last Buyer's Agent

Carrie Troll

CORE 3 Commercial Real Estate License #475166842

CORE 3 Commercial Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,861

Lot Details

  • 0.32

Parking

  • 4 Car Detached Garage
  • Multiple Garages
  • Parking Included in Price

Home Design

  • Victorian Architecture
  • Block Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Schools

  • Washington Elementary School
  • Bloomington Jr High Middle School
  • Bloomington High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Porch
  • Lot Dimensions are 150 x 91

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $480
  • Fuel Expense $2,400
  • Insurance Expense $3,700
  • Water Sewer Expense $1,680
  • Gross Income $34,920
  • Net Operating Income $30,360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,861

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Victorian
  • New Construction: No
  • Subdivision Name: Not Applicable
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Block, Concrete Perimeter
  • List Price: 285000
  • Lot Features: Sidewalks, Streetlights
  • OtherStructures: Garage(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 4
  • Number of Cars: 4
  • Garage Details: Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 1680

Schools

  • Elementary School: Washington Elementary
  • High School: Bloomington High School
  • Middle/Junior School: Bloomington Jr High School
  • Middle/Junior School District: 87

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 150 X 91
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 23
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 30360
  • Fuel Expense: 2400
  • Insurance Expense: 3700
  • ElectricExpense: 480
  • GrossIncome: 34920
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat,2 Story Unit/s

Tax Info

  • Tax Annual Amount: 4860.8
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2022
Closed on
Feb 28, 2022
Sold by
Joshua Appel
Bought by
Colorado Property Renovations Llc
Seller's Agent
Tracy Haas Riley
BHHS Central Illinois, REALTORS
Buyer's Agent
Carrie Troll
CORE 3 Commercial Real Estate
List Price
$285,000
Sold Price
$285,000
Current Estimated Value
$354,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,471
Avg. Annual Appreciation
6.05%
Original Mortgage
$228,000
Outstanding Balance
$213,643
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$137,030

Purchase Details

Listed on
Oct 17, 2017
Closed on
Dec 28, 2017
Sold by
Allen Barbara and Allen Edward E
Bought by
Appel Joshua
Seller's Agent
Ed Neaves
BHHS Central Illinois, REALTORS
Buyer's Agent
Tracy Haas Riley
BHHS Central Illinois, REALTORS
List Price
$219,000
Sold Price
$200,000
Premium/Discount to List
-$19,000
-8.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.86%
Original Mortgage
$196,377
Interest Rate
3.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Colorado Property Renovations Llc $285,000 Mclean County Title
Appel Joshua $200,000 Woodford County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colorado Property Renovations Llc $228,000
Previous Owner Appel Joshua $188,932
Previous Owner Appel Joshua $196,377
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $285,000 0.0% --
01/31/2022 01/31/22 Pending -- -- --
01/25/2022 01/25/22 For Sale $285,000 +42.5% --
01/02/2018 01/02/18 Sold $200,000 -8.7% --
11/06/2017 11/06/17 Pending -- -- --
10/17/2017 10/17/17 For Sale $219,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,537 $84,289 $14,215 $70,074
2022 $5,537 $65,150 $10,988 $54,162
2021 $5,069 $59,641 $10,059 $49,582
2020 $4,861 $57,347 $9,672 $47,675
2019 $4,846 $57,347 $9,672 $47,675
2018 $4,826 $57,347 $9,672 $47,675
2017 $4,828 $57,347 $9,672 $47,675
2016 $4,820 $57,347 $9,672 $47,675
2015 $4,806 $57,347 $9,672 $47,675
2014 $4,653 $57,347 $9,672 $47,675
2013 -- $57,347 $9,672 $47,675
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11309418

Midwest Real Estate Data (MRED)

APN: 21-03-328-017